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General gun discussions This is a place to lounge and discuss firearm related topics with other forum members. |
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#41
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Listen to this
A series of bad decisions. Management should be sacked.
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#44
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#45
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#46
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#48
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DiaHero Foundation - helping people manage diabetes. Sending diabetes supplies to Ukraine now, any help is appreciated. DDR AK furniture and Norinco M14 parts kit: https://www.calguns.net/calgunforum/....php?t=1756292 |
#49
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And being that ammo is likely the most profitable product in the portion of their brands (save for any of their .22LR) there would be no worry of that portion being dissolved. The actual manufacturers would either continue operating as they always have, merely ramping up their other trademark/licensing brand contracts and deals, or those portions would be bought by savvy creditors knowing that it's the most profitable and not influenced by the firearms-component reputation dip. . |
#50
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I do not claim to know enough of the details of Remington’s business to say BK is an appropriate or is not an inappropriate bailout, but I think we should consider this in our future purchases. Ford hung tough and did not take a bailout and very few consider that when purchasing vehicles. The message we as consumers regularly send is price over ethics. Ford is given no credit these days for its bold decision to not declare bk when it could have. The proof is the streets of CA overwhelmingly filled with other makes of vehicles.
Sent from my iPhone using Tapatalk |
#52
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WTB used AK MFER. |
#53
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People believe stuff they read that is blindly regurgitated by so many people who don't even know the truth that the perception is CHANGED. Every company makes a turd from time to time, be it an individual gun of a goo design, or simply a bad design. Just because ONE is bad, that does not automatically mean that all the others are bad as well...
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Randall Rausch AR work: www.ar15barrels.com Bolt actions: www.700barrels.com Foreign Semi Autos: www.akbarrels.com Barrel, sight and trigger work on most pistols and shotguns. Most work performed while-you-wait, evening and saturday appointments available. |
#54
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to me, remington didn't produce anything i wanted that i couldn't buy from someone else at either a cheaper rate or at better perceived quality.
the only thing they make i have even a slight interest for was the rem700 bolt gun and the 870 pump. but i bought the 700 BNIB used with an aftermarket chassis system and i bought a winchester pump instead and the thing is i'm sure i'm not the only one that thought that way.
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#55
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I have liked remington and have 2 700 and several 870 different shotguns. Haven't had any issues. I know many people in the last few years have had but I think remington has made some bad business decisions and it cost them alot.
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#56
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Long term debt, trade receivables and inventory all had big spikes. Looks like mismanagement and undesirable products/over production. Surprised about 1/2 of their revenue is from ammo.
Hopefully they can restructure their debt and get their product line straightened out. It doesn't help that communists block them from selling handguns in California.
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#58
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True and many good companies have had to declare bk for various reasons, but there is a difference between a government TALF loan and declaring bk, especially for the consumers of the pre-bk products. But perhaps I am just bitter at Remington as my 45-70 Remlin 1895 SBL has been sitting with them for months in for the second time for defect repairs. This time because it would jam on every shot. A problem that developed as I tried to chamber a round for a potential follow up shot on a hog. Guess I am lucky it was not a grizzly. I bought a JM 1895 on the forum last week as I have lost faith in my Remlin.
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#59
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Remington files for Bankrupcy
I predicted this on another forum and guys were concerned about parts. I am a Remington Master Gun Shop so I know the company and advised all that they would stay in business and there would be no disruption in parts. Todays news is that Remington is filing for Chapter 11. So I think some dealers will play on this and try to start a run on parts or raise prices on the most popular parts like 870,1100 and 700 model parts.
Don't fall for it guys as there are plenty of parts and there will be not a disruption in the parts supply or increases in price. In fact, I predict some parts prices will be dropping as they became inflated during the wonderful years of the world greatest firearm salesman Barrack O'Bama. Remington rebates last year were generous and look for that to continue. So having some patience now can get you some grate deals this years if you wait. As for parts, don't fall for any hype and start any kind of run. That is what some dealers will want and they will even fuel it.
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JD McGuire, Owner AI&P Tactical Remington Law Enforcement Armorer Mossberg LE Armorer www.aiptactical.com www.tacticalgunslings.com If you're going to a gun fight, take a shotgun. If you can't take a shotgun, don't go. |
#60
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Trump has only been in office for a year and sales were at record levels before that so this is a pure management issue.
I've been looking for 22lr YellowJacket ammo for years now and they have been so busy making other ammo around the clock they haven't made any. When your running 24-7 and you can't keep product on the shelf and your company is 200+ years old it's a management issue.
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Lynn Dragoman, Jr. Southwest Regional Director Unlimited Range Shooters Association (URSA) www.unlimitedrange.org Not a commercial business. URSA - Competition starts at 2000 yards! |
#61
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For all the carping about "cookie man" Lou Gerstner, the fact that he was a user of IBM technology while at Nabisco had to be a big factor in his ability to right the company when he was brought in to run it. |
#62
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I've only ever owned one Remington firearm; 870 Magnum pump shotgun.
IIRC, I bought it at Kmart in the early 80's. It was a workhorse for bird hunting for many years, very well made, and excellent value for the $ IMO.
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#64
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Spot on. Chapter 7 means "gone, shut the doors". Chapter 11 means "restructuring debt" (kinda/sorta).
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Bill |
#65
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Let's hope Cerberus stays out of the firearms business. |
#67
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#68
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I am not an investor, nor do I relish the demise of any firearms company, but for the life of me, I cannot understand why would a company open itself to being raped by a serial rapist (Cerberus)???
Seems the notoriety of Cerberus is known world wide, so why still allow yourself be under its jaws in the first place? A thug is a thug is a thug. A leopard does not change its spots. |
#69
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Not specific to any particular type of gun, so moved to General Gun discussions.
Two other threads merged into one.
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ARCHIVED Calguns Foundation Wiki here: http://web.archive.org/web/201908310...itle=Main_Page "The object of life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane."Ann Althouse: “Begin with the hypothesis that what they did is what they wanted to do. If they postured that they wanted to do something else, regard that as a con. Work from there. The world will make much more sense.” Not a lawyer, just Some Guy On The Interwebs. Last edited by Librarian; 02-13-2018 at 12:38 PM.. |
#70
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The 700 is a Barbie Doll action that can be fine tuned like crazy. And there's a lot of aftermarket for that legendary rifle - from stocks to bbls.
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#71
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Smith & Wesson was facing the same until it changed owners. The same will arise out of the Chapter 11, and others take control of the helm.
I don't think Remington will go away entirely, but it will need to re-invent it's management approach no different than SWHC had, and then became a success. . |
#72
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You are blindly disgruntled. On the centerfire thread I asked all the Remington bashers to bring any of those modern guns that have all the latest bells and whistles some here think are important to the range and outshoot one of my Remington 700's. Guess what no takers. Ask yourself why?
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Lynn Dragoman, Jr. Southwest Regional Director Unlimited Range Shooters Association (URSA) www.unlimitedrange.org Not a commercial business. URSA - Competition starts at 2000 yards! |
#75
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#76
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The workers need to gain control of their company. No public stock. No T.Boone Pickens Corporate Raiders. Other alternative, a Japanese or Korean buyout. You may squeal but they would run the company correctly and fix the quality control ( if indeed there even is one) first thing. Fix the immediate profit over long term financial health mentality that poisons so many American companys. They do this by getting buy in from their employees.
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A Nation of Sheep Will Beget a Government of Wolves |
#77
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1. Internet fanbase says "REMINGTON IS AWESOME!" 2. I spend my own money based on internet saying they are good to go. 3. Remington sends crap product. 4. Remington takes months to refit a stock. Sends back rifle. Rifle still unsafe to shoot. 5. Remington tries again. Fails. 6. Six months after purchase, rifle is finally usable. 7. Document just the facts on the internet. 8. Internet complains, says "REMINGTON IS AWESOME!" 9. Remington goes bankrupt 10. Internet complains, says "REMINGTON IS AWESOME!" and blames bad internet people who describe personal experience. Did you ever stop to ask yourself why, if nobody agrees with me that Remington now sucks, why they're going under? I wish I could say that it is all my work to bring them down, but alas, I don't think I deserve any credit. My first gun was a Remington and they made some awesome products up until about 2000. I wouldn't recommend a new Remington to anybody based on my own personal experience using my own money and with no interest or care for what happens to Remington. |
#78
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Cerberus is a cancer. Back when we first heard of them we had people warning us about how they destroy businesses in the name of profits.
We even had a former Remington employee in a gun message board give us the dirt on what was happening behind the scenes at Remington. This person told us how they had huge piles of outsourced overseas parts just rusting away because they were so out of spec they couldn't be used. Sent from my SM-G550T1 using Tapatalk |
#80
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Your one example isn't even a drop in the bucket and most who viewed your pictures weren't in agreement with your assessment. Remington is 200 years old so anything you think you influenced is purely in your head. The facts don't lie that Remington is the gun of choice for more accuracy minded shooters than all others combined. We just went through the largest gun buying years in American history and ammo shortages lasted for 5 years. Remington was running around the clock to keep up with demand and demand for outweighed production. To most when demand is so great it can't be met that is great news for any company. Only a company poorly managed would not survive such a prosperous period. I read your rant on the centerfire bolt action forum so I doubt you will get any of what was just posted. Maybe you can do some Google searching about recalls made by Chevrolet and bankruptcy and let us all know how that has affected them today?
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Lynn Dragoman, Jr. Southwest Regional Director Unlimited Range Shooters Association (URSA) www.unlimitedrange.org Not a commercial business. URSA - Competition starts at 2000 yards! |
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